News Corp, owned by Rupert Murdoch, announced on Wednesday that it has finalized the sale of its Australian cable television company, Foxtel, to the British sports network, DAZN, in a deal worth A$3.4 billion ($2.14 billion). The transaction was successfully completed.

(1 Australian dollar equals $1.5883)

The sale was reported by Rishav Chatterjee in Bengaluru and the editing was done by Varun H K.